Electric Shavers Market By Type (Foil Shavers, Rotary Shavers, Wet/Dry Shavers, Clippers), By End-Use (Men, Women), By Distribution Channel (Direct Retail, On-Line Retail) - Growth, Future Prospects And Competitive Analysis, 2016 - 2025

This report analyzes the global electric shavers market in terms of product type, end-use, sales channel, and geography. On the basis of product type, the global electric shavers market is segmented into foil shavers, rotary shavers, wet/dry shavers, and clippers among others. Similarly, on the basis of end-use, the market for electric shavers is further classified into women and men. Based on sales channel, the electric shavers market is segmented into direct retail and online retail. The geographical distribution of the global electric shavers market considered in this study encompasses regional markets such as North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.

Overview:

Growing awareness regarding hair care and personal grooming have led to an increased number of hairdressing establishments, which has had positive influence on the demand for electric shavers and other personal grooming products across the globe. In addition, rise in discretionary household income coupled with improved lifestyle among young population is expected to further drive market demand. These factors are expected to contribute towards a compounded annual growth rate (CAGR) of 5.3% during the forecast period 2017 – 2025.

1.1    Report Description

Purpose of the Report

The purpose of this strategic research study titled “Global Electric Shavers Market - Growth, Share, Opportunities, and Competitive Analysis, 2017 – 2025” is to offer industry investors, company executives, and industry participants with in-depth insights to enable them make informed strategic decisions related to the opportunities in the global electric shavers market.

1.1.1   Target Audience

• Industry Investors
• Electric Shaver Manufacturers
• Other Personal Grooming Product Manufacturers
• Distributors and Retailers
• End-users
•  

1.1.2   USP and Key Offerings

The report titled “Global Electric Shavers Market - Growth, Share, Opportunities, and Competitive Analysis, 2017 – 2025” offers strategic insights into the global electric shavers market along with the market size and estimates for the duration 2015 to 2025. The said research study covers in-depth analysis of multiple market segments based on product types and cross-sectional study across different geographies. In order to help strategic decision makers, the report also includes competitive profiling of the electric shaver manufacturers, their SCOT (Strength, Challenges, Opportunities, and Weaknesses) analysis, market positioning, and recent developments. Other in-depth analysis provided in the report includes:

• An overview of the global electric shavers market
• Current and future market trends to justify the forthcoming attractive sub-markets within the electric shavers market
• Qualitative assessment tools such as market drivers, challenges and future prospects, value chain, and attractive investment proposition.
• Focus on each level of market segmentation based on product approvals, launch, and current and anticipated market dynamics.
• A general overview of the industry structure
• Company profiles highlighting key information about the major players operating in the global electric shavers market
• Market competition scrutiny tools such as market share analysis, fractal map, etc.
• SRC (Segment-Region-Country) Analysis
•  

Overall, the research study provides a holistic view of the global electric shavers market, offering market size and estimates for the period from 2015 to 2025, keeping in mind the above mentioned factors.

On the basis of geography, the global electric shavers market is segmented into following regions and countries:

• North America
  • U.S.
  • Rest of North America
• Europe
  • U.K.
  • France
  • Germany
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Rest of Asia Pacific
• Rest of the World
  • Latin America
  • Middle East
  • Africa

As of 2016, Europe led the global electric shavers market in terms of both value and unit shipments. The region accounted for over 38% of the global market revenue in the same year. Growing interest and consciousness regarding personal appearance among both men and women has resulted in an increased demand for electric shavers and other personal grooming products. Germany represented the largest electric shavers market in the region. 

Although Germany is expected to retain its leading position, it is poised to witness relatively sluggish growth on account of gradually declining native population. On the other hand, Asia Pacific is presumed to witness maximum growth in demand for electric shavers, outpacing North America and Europe during the same period. Growing awareness regarding personal grooming, rise in discretionary household income, and westernization of lifestyle, especially among young population is expected to drive market demand in the region.